The capacity index rose faster than the freight index for the fifth consecutive month and the 11th time in the past 13 months in January, further throwing out of balance the supply and demand of Class 8 trucks. “While this measure had been getting better (less unfavorable) in previous months, a…
While trucking industry groups press Congress to act to fix an error in a December-passed government funding bill that may accidentally strip the 34-hour restart from hours-of-service regulations entirely, the actual effect of the legislative language isn’t entirely clear, according to industry voices responding to the issue. The Truckload Carriers…
Motor carriers were already wirelessly connected to vehicles and drivers before the Internet of Things (IoT) became a mega-trend in technology. Now that mobile fleet management platforms are able to connect with a wider variety of devices, sensors and apps inside and outside of vehicles, the possibilities to make drivers and…
Randy Rogers got another chance to discuss why he joined USA Truck Inc. of Van Buren as CEO. USA Truck announced its earnings for the fourth quarter and fiscal year 2015 on Feb. 2. Rogers was hired to replace Tom Glaser as CEO on Jan. 14. “First, I believe our…
UPS said this week it has expanded its agreement with Clean Energy Fuels Corp. to use up to 500,000 gallon equivalents of renewable liquefied natural gas (RLNG) annually in Texas. UPS stations in Houston and Mesquite will dispense the RLNG to a fleet of about 140 UPS tractors. The deal…
Forwarders and integrators beware. Fascinating Amazon documents, unearthed by Bloomberg, reveal a bold, empire-building plan that has been in place since 2013, aptly named “Dragon Boat”. It comprises a global delivery network which ultimately cuts out third-parties, creating a $400bn global logistics business and removing cross-border barriers for small merchants. The…
Internet search firm Google has just received a patent for what it calls an “autonomous delivery platform,” in which a self-driving box truck is used to deliver packages kept in locked compartments and accessed by customers using a smartphone or some other secure electronic device. While a spokeswoman for Google…
UPS Inc. said its board unanimously elected CEO David Abney to the position of chairman. The company said Abney succeeds Scott Davis, who will retire from the board as of the company’s upcoming 2016 annual meeting. The annual meeting has not yet been publicly scheduled, according to the company’s online…
Amazon.com Inc (AMZN.O) is aggressively expanding its logistics operations in China as part of a broader effort to control the rising cost of shipping billions of packages. Its plans in China, outlined in filings there, include handling cargo and customs for goods headed to ports in Japan, Europe and the…
As a serial entrepreneur based in Greenwich, Connecticut, Bradley Jacobs hangs out with the big-money crowd dominated by hedge-fund and private-equity types. The tenor of their conversations, he’s observed, has suddenly grown pessimistic with many now fretting the economy’s sinking into recession. As the owner of a trucking business (his…
